Press Releases

Muscat Stock Exchange Concludes the AFCM Annual Conference 2023

 

 

Under the patronage of His Excellency Nasser Al Jashmi, Secretary General of Oman Ministry of Finance, Muscat Stock Exchange hosted, the Arab Federation of Capital Markets Annual Conference titled ‘’AFCM Annual Conference - Oman 2023’’, one of the largest events for exchanges and financial markets in the MENA region, on May 09th and 10th at Al Bustan Palace, A Ritz-Carlton Hotel - Muscat, while the AFCM General Assembly was held on May 8th in parallel to the conference, gathering more than 22 AFCM members which includes CEOs of MENA-based stock exchanges, clearing houses and brokerage firms.

 

The conference attracted over 250 attendees from Arab exchanges, clearing houses, financial market regulatory bodies, brokerage firms, investment fund managers, consultancy firms, economic journalists and other attendees, over 2 days with 11 panels discussions and more than 50 local, regional and international speakers to shed light on key themes and critical topics related to capital markets, from sustainability, carbon credits and climate change, IR & ESG practices, to Islamic capital markets and Fintech, to discuss the means of exchanging knowledge and expertise and enhance the opportunities to market listed companies across the region to investors, particularly foreign investors, in an effort to develop and enhance the region’s capital markets.

In addition, various prominent entities took part in the AFCM Conference including: Central Bank of Oman, Oman Ministry of Finance, Estidamah Program Oman, Vision 2040 Implementation Follow-up Unit, World Federation of Exchanges, Schroders, IFRS Foundation, MENA Voluntary Carbon Market, MEIRA, Blockstation, European Association of CCP Clearing Houses, the Gulf Capital Market Association, Ntsal Consultancy, Islamicly App, SCL Advisory Limited, Global Carbon Council, UN Climate Change High Level Champions Team, Alumia, FTSE Russell, Chimera Capital, ARC Group, United Nations Sustainable Stock Exchanges, Principles for Responsible Investment, Yaqeen Capital, and Commercial International Bank Egypt.
 
In parallel, the AFCM Conference organizers gratefully recognize the generous support offered by its sponsors, which included premier sponsors Mubasher, GTN and DirectFN. Platinum sponsor of the event included Sohar International. Gold sponsors included Ubhar Capital, ADIB Securities, MCDR and United Securities. While Silver sponsors included EGID and FIT, and Bronze sponsors included Sanabel Securities, Nasdaq and LSEG. Finally, S&P Dow Jones Indices, ETFGI, Avenir, R3 and Sionic were welcomed as supporting partners, whereas Fintech Galaxy as open finance partner, Wavetec as digital CX solution provider, Omantel as technology partner, The Global Economics as annual awards partner, Lumi as digital partner, Bloomberg Alsharq and Argaam as media partners, and CNBC as business broadcast partner.

It is worth mentioning that on May 8th, ring-the-bell ceremony at Muscat Stock Exchange witnessed the handover of the Federation’s presidency from Bahrain Bourse (BHB) to Muscat Stock Exchange (MSX). During the presidency period, Muscat Stock Exchange will lead the Arab Federation of Capital Markets throughout the year 2023 and continue the efforts to further develop the Federation and enable it to achieve its vision.
 

  

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